December 28, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $202,120,000 in tax-exempt Essential Housing Revenue Bonds to acquire Rowan Apartments, Haven 76 Apartments and Alcove Apartments, located in Escondido, California. Additionally, no existing tenants are displaced under the program. The California Community Housing Agency, a state agency which is also focused on middle-income housing, purchased the property from Cypress Equity Investments.The agency also recently purchased the 205-unit Brio apartments at 546 W. Colorado St. for $110 million from Sequoia Equities Inc.Brentwood-based JRK Property Holdings Inc. acquired the 164-unit Harrison Glendale at 318 W. Wilson Ave. for $90.7 million this year. June 16, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $95,545,000 in tax-exempt Essential Housing Revenue Bonds to acquire The Link Apartments, located in Glendale, California. Entertaining in the back yard is easy with large patios, privacy and of course gorgeous views. Please enable JavaScript in your browser for a better user experience. Public benefit programs, such as Section 8 housing, arevulnerable to fraud. CSCDA CIA Acacia AnnouncementLINK TO THE PROPERTY. CSCDA CIA operates the largest workforce housing program in California and has acquired and converted more than 7,700 units for low- and middle-income tenants. In total, the Housing Authority services over 3,000 vouchers consisting of low income, disabled, or elderly households. January 31, 2022 The CSCDA Community Improvement Authority is pleased to announce the issuance of $111,915,000 in tax-exempt Essential Housing Revenue Bonds to acquire The Crescent Apartments, located in West Hollywood, California. The City does not fund the Section 8 program. If you are approached by someone promising Section 8 assistance in any way in exchange for money, you are to ignore the request and report the activity to the Glendale Section 8 Fraud Hotline (818) 548-6442 or via email at section8fraud@glendaleca.gov. Locally, the two purchased a 216-unit luxury apartment community in Long Beach for $120 million earlier this year.The property, dubbed the Oceanaire, is at 150 W. Ocean Blvd. 202 Glendale, CA 91206 Tel. December 9, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $175,260,000 in tax-exempt Essential Housing Revenue Bonds to acquire Monterey Station Apartments, located in Pomona, California. 1400 K Street, Suite 400 F: (916) 658-8240. Remembering Eli Broads Legacy of Building and Giving, California Broadens Data Privacy Protections.
California Department of Housing and Community Development | California By publicly posting the following written disclosure, the California Community Housing Agency ("CalCHA") intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule.
Glendale's Multifamily Moment - San Fernando Valley Business Journal 427 Coutin Ln, Glendale, CA 91206 | MLS #SB23071382 | Zillow 141 N. Glendale Ave.,Ste. February 9, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $181,010,000 in tax-exempt Essential Housing Revenue Bonds to acquire Parallel Apartments, located in Anaheim, California. The Glendale Housing Authority is authorized for 1,592 Section 8 Vouchers.
Catalyst and CalCHA Add 1,000+ Units of Essential Housing, Expand to CCRC will improve outcomes for low-income families, seniors and residents with special needs throughout California by facilitating private capital flow from our investors using a housing first model. California Community Housing Agency ("CalCHA") is a political subdivision of the State of California established by Kings County and the Housing Authority of Kings County, California under the Joint Exercise of Powers Act. (916) 658-8200 The. December 8, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $356,730,000 in tax-exempt Essential Housing Revenue Bonds to acquire Westgate Phase 1 Apartments, located in Pasadena, California. Annual rent increases are capped at no more than 4%, which is significantly less than the rent limits under AB1482, the recently adopted State tenant protection legislation. Workforce housing properties were acquired by the cities of Glendale and Pasadena from the issuance of more than $481.5 million in tax-exempt Essential Housing Revenue Bonds through the California Statewide Communities Development Authority's (CSCDA) new Workforce Housing Program. Households are enrolled into the program from the Section 8 Waiting List. Catalyst Housing was slated to be the manager for both of those properties. CSCDA CIA Park Crossing AnnouncementLINK TO THE PROPERTY. June 15, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $385,985,000 in tax-exempt Essential Housing Revenue Bonds to acquire Westgate Apartments and The Hudson Apartments, both located in Pasadena, California. 1400 K Street, Suite 400 The California Community Housing Agency also recently purchased the Brio apartments in Glendale for $110 million. Los Angeles, CA 90025 Californias housing crisis remains critical and the State continues to experience a significant shortage of available affordable housing units. The program uses tax-exempt bonds to finance multifamily acquisitions. Ascencia has provided housing and services to over 12,000 homeless individuals and families since 2006. All proposals received will be shared with CalCHA's municipal advisor. Union South Bay AnnouncementLINK TO PROPERTY. 202 April 21, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $339,400,000 in tax-exempt Essential Housing Revenue Bonds to acquire Altana Apartments, located in Glendale, California. DO NOT pay money in exchange for the promise of Section 8 assistance. The 1,798 sq. Backed by most of the major retail banks operating in California, we deliver the products, services and technical assistance that have made us the lender of choice of Californias affordable housing development community. 11150 Santa Monica Boulevard, Suite 350 We provide immediately funded loan programs for acquisition; intermediate programs that provide acquisition, rehabilitation and permanent financing for existing housing stock in need of repair; and forward commitment programs for planned new construction. Recognized as a leader in the state in these programs, CCRC has an experienced staff to meet the needs of its investor banks, developers and those communities we serve. California Los Angeles County Glendale Glendale Real Estate Facts Home Values By City Glendale Homes for Sale $1,077,985 Los Angeles Homes for Sale $901,291 Pasadena Homes for Sale $1,066,851 East Los Angeles Homes for Sale $623,218 Burbank Homes for Sale $1,093,195 Alhambra Homes for Sale $847,364 Arcadia Homes for Sale $1,254,855 Working as a team, we can remove ineligibleindividuals from receiving government assistancefraudulently.
She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. Workforce housing projects in Glendale and Pasadena funded through Cal Cities-sponsored bond agencys new program, Governance, Transparency, and Labor Relations, Housing, Community, and Economic Development, Transportation, Communications, and Public Works, City Clerks New Law and Elections Seminar, Lesbian Gay Bisexual Transgender Queer (LGBTQ) Caucus.
"Workforce housing" projects dominate LA County's biggest - GPAM CSCDA CIA Wood Creek AnnouncementLINK TO THE PROPERTY. CalCHA has retained an independent registered municipal advisor. September 21, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $240,010,000 in tax-exempt Essential Housing Revenue Bonds to acquire Cameo Apartments and The Garrison Apartments, both located in Orange, California. October 20, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $157,390,000 in tax-exempt Essential Housing Revenue Bonds to acquire 1818 Platinum Triangle Apartments, located in Anaheim, California. Authority, and the Housing Authority of Santa Barbara have become Additional . Suspiciousactivity can be reported to our office for investigation.
Cypress Equity Sells Glendale Apartments For $300M - The Real Deal Los The transactions, completed in partnership with the California Community Housing Agency ("CalCHA"), . June 9, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $215,685,000 in tax-exempt Essential Housing Revenue Bonds to acquire Union South Bay Apartments, located in Carson, California. (818) 548-3936. /PRNewswire/ -- Catalyst Housing Group is expanding its transformative middle-income Essential Housing model across the state, with the acquisition of two. September 14, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $84,275,000 in tax-exempt Essential Housing Revenue Bonds to acquire Waterscape Apartments, located in Fairfield, California. The "Essential Housing" model has already created over 2,000 affordable rent-restricted rental units. As a mayor and advocate for affordable housing, I am looking forward to seeing this approach take shape in Glendale, City Councilmember Vrej Agajanian, who was mayor of Glendale at the time of the sale, said in a statement.Current Glendale Mayor Paula Devine added that rent has outpaced income, which has been felt by low-income and middle-income households.This model emphasizes good, practical ideas to help protect a part of our existing population who cannot afford rent, but do not qualify for assistance, she said in a statement.Next on Lex and the Brio arent the only recent sales in L.A. County where the owner is seeking to provide middle-income housing.Waterford Property Co. and the California Statewide Communities Development Authority recently purchased a 216-unit luxury apartment community in Long Beach for $120 million. Award winning La Crescenta schools, premium neighborhood, less than one mile from charming downtown Montrose, and less than half a mile from two different parks makes this home an easy choice. The Link AnnouncementLINK TO THE PROPERTY. March 25, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $135,730,000 in tax-exempt Essential Housing Revenue Bonds to acquire Oceanaire Apartments, located in Long Beach, California. The adjacent lot, included in the sale, provides plenty of flat land to expand the yard, install a pool, or perhaps build another home. Catalyst Housing Group acts as an asset manager for the agency.The Next on Lex and Brio acquisitions represent Catalysts expansion into Southern California. Applications will only be accepted by Glendale Silvercrest Residences. This certificate may be relied upon until July 1, 2025. The two downstairs bedrooms each have their own attached bathroom, exterior entrances, and wet bar, providing flexibility with these spaces. LARKSPUR, Calif., April 1, 2021 Catalyst Housing Group is expanding its transformative middle-income Essential Housing model across the state, with the acquisition of two multifamily housing communities in Southern California and its fifth property in Northern California. If approached please keep in mind the following advice:
Cameo and The Garrison AnnouncementLINK TO CAMEO PROPERTYLINK TO THE GARRISON PROPERTY. Catalyst Housing Group (Catalyst)/California Community Housing Agency (CalCHA) Middle Income Housing Financing Program Chair Marquez asked Ma'Ayn Johnson, SCAG staff, to introduce Jordan Moss, CEO, Catalyst Housing . 1818 Apartments AnnouncementLINK TO THE PROPERTY.
Housing Section 8 Program | City of Glendale, CA December 14, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $113,950,000 in tax-exempt Essential Housing Revenue Bonds to acquire Park Crossing Apartments, located in Fairfield, California. California Community was established in 2019, and over the last few years has pushed for the development of workforce housing, or housing roughly priced for households with incomes around the median income for the area. CalCHA partners with Catalyst Housing Group, LLC and issues $179M to acquire Aster in Dublin, CA Read more Apr 23 2021 CCRC will become the premier provider of capital serving the needs of low-income residents and communities. 2022 Events; Event Recaps; Past Events; Custom Content. 100 West Broadway, Suite 1000, Glendale, CA 91210 Tel:818.550.9800 Fax:818.550.9806 www.e-ccrc.org. ft. home is a 3 bed, 2.0 bath property. The Glendale Housing Authority implemented temporary measures to help minimize and prevent the spread of COVID-19 until further guidelines are released. CSCDA CIA Westgate Phase 1 AnnouncementLINK TO THE PROPERTY. Households are enrolled into the program from the Section8 Waiting List. The type of housing is meant to fill a gap between high-priced market-rate homes and government subsidized low-income properties.
CalCHA issues governmental purpose bonds for the purpose of financing projects that provide, preserve and support affordable local housing for low-income, moderate-income and middle-income families and individuals. Catalyst Housing Group, in partnership with California Community Housing Agency (CalCHA), has completed the acquisition of two Southern California multifamily communities and one. FOR INTERESTED TENANTS, A LIST OF PARTICIPATING PROPERTIES ARE LOCATED UNDER CIA PROJECTS. Were excited about what this means for Glendale as it helps provide more diversity to the citys housing stock, John Drachman, co-founder of Waterford Property Co., said in a statement.Eastdil Secureds Joseph Smolen, Geoff Boler and Lee Redmond represented Waterford and CSCDA in the transaction.Its been a hot market for multifamily sales in Glendale where large properties such as Next on Lex, the Brio and the Harrison Glendale have sold this year.Next on Lex is a 494-unit multifamily with 8,000 square feet of ground-floor retail located at 275 W. Lexington Drive.